Greencoat Renewables (LON:GRP) Stock Price Up 0.9% – Here’s Why

Greencoat Renewables (LON:GRP)’s share price traded up 0.9% on Friday . The stock traded as high as GBX 0.86 ($0.01) and last traded at GBX 0.86 ($0.01). 64,745 shares traded hands during trading, a decline of 84% from the average session volume of 415,057 shares. The stock had previously closed at GBX 0.85 ($0.01).

Greencoat Renewables Price Performance

The business’s fifty day moving average price is GBX 0.89 and its 200-day moving average price is GBX 0.90. The company has a market capitalization of £9.78 million, a P/E ratio of 6.60 and a beta of 0.03. The company has a current ratio of 0.25, a quick ratio of 15.30 and a debt-to-equity ratio of 65.97.

Greencoat Renewables Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 7th were paid a dividend of €0.02 ($0.02) per share. This represents a yield of 1.89%. The ex-dividend date was Thursday, November 7th. Greencoat Renewables’s dividend payout ratio (DPR) is currently 4,615.38%.

Greencoat Renewables Company Profile

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.